What Trump's 10% credit card rate cap would mean for consumers
Capping credit card interest rates at 10% could save consumers billions of dollars, but potentially hurt lower-income Americans, experts said.
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Capping credit card interest rates at 10% could save consumers billions of dollars, but potentially hurt lower-income Americans, experts said.
President Trump called for a one-year cap on credit card interest rates late Friday, an idea that has drawn strong support from lawmakers in both parties but pushback from card issuers.
Shoppers will need to plan ahead as some grocery stores and retailers will be closed on Thanksgiving or have reduced hours.
Doug Lebda died on Sunday in an all-terrain vehicle accident, according to LendingTree.
With credit card debt at a record $1.2 trillion, experts are urging cardholders to rethink their strategies before the costs outweigh the rewards.
CBS News Miami's Joe Gorchow reports how the man is working his way out and the nonprofit that helped him out.
The man allegedly used his business to open credit card accounts in victims' names and then use those cards to pay for tax preparation services.
Americans struggling with credit card debt hope relief will come with more expected interest rate cuts later this year.
Americans struggling with credit card debt hope relief will come with more expected interest rate cuts later this year. However, for many, they find themselves in a tough spot.
Visa exploits its market dominance to stifle competition, costing consumers and merchants billions in extra fees, feds allege in a lawsuit.
The Fed has slashed borrowing costs for the first time in more than four years. Here's how that would impact people with credit card balances.
With credit card debt reaching a record high, consumers looking to save a few bucks should reacquaint themselves with the virtues of cold, hard cash.
Inflation drops to lowest level since July, but credit-card delinquency has gone up in some South Florida cities.
More Americans are maxing out their credit cards, especially younger people. CBS News Miami's Ivan Taylor spoke with a finance professor and shared her solutions.
Miami-Dade County Public Schools have a new policy regarding credit cards, following the arrest of Lubby Navarro.
The cards will cost more but also offer enhanced benefits, including restaurant and rideshare credits.
U.S. economy continues to plow ahead, as holiday shoppers shell out more on gifts this year than predicted.
Customers don't realize what the nation's second-largest credit card issuer is doing with their personal data, according to PIRG report.
More than 40 million people worldwide claim Scottish ancestry, and many are in South Florida right now for the big World Cup match between Scotland and Brazil on Wednesday.
The board agreed to resume discussions in July, when they will review a report on whether all necessary artificial intelligence safeguards are in place.
Brady Tkachuk is joining the Florida Panthers, where his brother Matthew plays.
Following the acquittal, the parents of Lucy Fernandez released a statement expressing disappointment while affirming their respect for the judicial process.
The agency did not specify the number of detainees relocated or confirm if they would be returned to Krome once conditions improve.
More than 40 million people worldwide claim Scottish ancestry, and many are in South Florida right now for the big World Cup match between Scotland and Brazil on Wednesday.
The board agreed to resume discussions in July, when they will review a report on whether all necessary artificial intelligence safeguards are in place.
Brady Tkachuk is joining the Florida Panthers, where his brother Matthew plays.
George Pino was found not guilty in charges related to the 2022 boat crash that killed one teenager and left another disabled.
Following the acquittal, the parents of Lucy Fernandez released a statement expressing disappointment while affirming their respect for the judicial process.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
U.S. District Judge P. Casey Pitts in the Northern District of California ruled in a 71-page opinion Tuesday that multiple Trump administration policies were arbitrary and violated the Administrative Procedure Act.
The Senate approved a House-passed resolution aimed at reining in President Trump on Iran, marking the first time such a measure has made it through both chambers.
President Trump's construction projects include restoring the Lincoln Memorial Reflecting Pool, building a 90,000-square-foot White House ballroom and a 250-foot triumphal arch.
The Supreme Court rejected a former Louisiana inmate's effort to sue state prison officials after they shaved his dreadlocks in violation of his religious beliefs.
The Utah judge in the murder case of Charlie Kirk's alleged killer has denied a defense request to force Tyler Robinson's former roommate to testify in person during the preliminary hearing.
More than two decades after voters were promised a new facility to treat people with mental illnesses, rather than warehousing them in the county jail, the Miami-Dade County Commission gave final approval on Tuesday to open the Miami Center for Mental Health and Recovery.
There are seven Democrats in the race and whoever wins the primary in August will almost certainly be elected to Congress, since this is the most Democratic district in the state.
Democratic CFO candidate Annette Taddeo says she is running to strengthen oversight of Florida's insurance industry and better protect homeowners.
Miami-Dade Commissioner Oliver Gilbert says his record of delivering results sets him apart in the Democratic primary to replace retiring Rep. Frederica Wilson.
Florida House Speaker Danny Perez denied claims his nomination as U.S. ambassador to Brazil was tied to Florida's recent redistricting effort.
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
U.S. government plans to open a quarantine center for Americans exposed to Ebola on an air base in Kenya have been temporarily halted by a court order.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
AARP is sounding the alarm because it is so easy to fall for these schemes, but there are simple things everyone can do to protect themselves.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
Claude Guillemot and a flight instructor were flying in a twin-motor Cessna 421 on Friday evening. An investigation into the crash is underway.
James Burrows directed more than 1,000 episodes of television, including every episode of the original "Will & Grace."
Record producer Tay Keith was found dead in his Nashville home by officers performing a welfare check, police said.
Many people are spending more time on screens, but also doing more physical activities, a new CBS News poll finds.